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Fort Collins URA might try to acquire former North College Albertsons via eminent domain

Summary by Ground News
The Fort Collins Urban Renewal Authority is one step closer to acquiring the former Albertsons site on North College Avenue. The URA approved a $31,000 appropriation of funds Thursday night to conduct a commercial real estate appraisal of the former grocery store site and its surrounding buildings. About $16,000 would be spent on the appraisal, and the rest would go toward securing counsel for potential eminent domain proceedings.

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Coloradoan broke the news in on Saturday, August 27, 2022.
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